Generic soldering iron vs. Hakko

[simplechamp]

I'm in the market for a new soldering iron, and figured I would just get the Hakko 936 since that seems to be the standard model people use, but then I saw this one:

http://cgi.ebay.com/ws/eBayISAPI.dll...:X:AAQ:US:1123

It's obviously a generic, but for $60 with the 8 extra tips (Hakko-compatible) and extra ceramic heating element it is tempting, and I like that it has an LCD display for temp. Warranty support is based in the US and it has a 1 year warranty. One downside is that it is only 50W compared to the 60W Hakko.

If I soldered on a daily bases or did it for my job I would definitely go for a top-notch model, but for the amount I would use it I think this might be the way to go. What do you guys think?